Tag: Enterprise
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Micron is tech’s new margin king as memory crisis pushes company past Nvidia and Meta
Micron said in its earnings report that its gross margin jumped to 84.9% from 39% a year ago.
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Anthropic accuses Alibaba of campaign to ‘brazenly’ and ‘illicitly’ extract AI capabilities
The letter, which was obtained by CNBC, claims Alibaba carried out “the largest known distillation attack on Anthropic to date.”
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Nvidia’s Huang calls black market data centers made of smuggled parts a ‘dead end’
Washington regulators and the Trump administration are increasingly wary of China getting ahold of advanced AI software and hardware.
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Cerebras CEO says margin forecast was ‘misunderstood’ as stock plummets after earnings
AI chipmaker Cerebras has a staggered lock-up expiration that includes some shares becoming available for trading this week.
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Qualcomm inks deal for AI startup Modular to bolster software stack, data center buildout
Qualcomm is looking to expand its position in the data center market as AI demand skyrockets.
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Cerebras reports 92% revenue growth in chipmaker’s first earnings report since IPO
Cerebras went public on the Nasdaq in May, giving Wall Street access to a pureplay AI company.
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Alphabet paces for worst day in a year on AI concerns after high-profile exits
Google parent Alphabet has seen consecutive high-profile artificial intelligence researchers leave.
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Meta’s WhatsApp head to step down, will be replaced by Indian fintech founder Kunal Shah
Will Cathcart will step down as the head of WhatsApp and move into another role at the company. Kunal Shah will take over.
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SpaceX signs computing power deal with open-source AI startup Reflection worth up to $6.3 billion
SpaceX has turned its Colossus data center into a commercial computing power platform, landing recent deals with Anthropic, Google and Cursor.
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Anthropic asked for regulation. Washington went much further
Anthropic has long been supportive of AI regulation, but the Trump administration is coming down particularly hard on the AI company.
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